HSBC Bank has sent more than 100 employees home after a worker from the research department tested positive for the novel coronavirus (COVID-19).

A spokeswoman for the bank said: “We have been informed that one of our employees at 8 Canada Square has been diagnosed with COVID-19.

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“This colleague is under medical supervision and has self-isolated.

“All staff whose roles allow remote working has been told they can work from home if preferred.”

The spokeswoman also added that earlier this week, the bank sent 20 workers home after one person came in contact with an infected individual.

Those 20 workers have now returned to work.

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The bank has another infected employee in China who is said to be in stable condition now, the Reuters quoted HSBC interim CEO Noel Quinn as saying.

The HSBC headquarters in London will continue to remain open, the report added.

Apart from HSBC, banking major UniCredit has also sent some staff home after two of its employees tested positive for the deadly virus.

Banks around the world are working to keep their business running amid the coronavirus outbreak.

Recently, JPMorgan Chase asked 10% of its staff to work from home and is currently moving traders in New York and London to other locations.

BBVA transferred almost 100 people from its trading floor in Madrid to a location outside the city.

Earlier this week, major American banks imposed restrictions on international travel immune its operations.

UAE banks have been urged to reschedule loans and slash fees and commissions to minimise the impact of COVID-19 on the economy.

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